Ginegar (Israel) Price on May 16, 2023
| GNGR Stock | ILS 1,049 49.00 4.90% |
If you're considering investing in Ginegar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ginegar stands at 1,049, as last reported on the 5th of May, with the highest price reaching 1,049 and the lowest price hitting 1,029 during the day. Ginegar appears to be very steady, given 3 months investment horizon. Ginegar holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ginegar, which you can use to evaluate the volatility of the firm. Please utilize Ginegar's Risk Adjusted Performance of 0.0789, market risk adjusted performance of 1.11, and Downside Deviation of 2.95 to validate if our risk estimates are consistent with your expectations.
Ginegar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ginegar |
Sharpe Ratio = 0.1538
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | GNGR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Ginegar is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ginegar by adding it to a well-diversified portfolio.
Ginegar Valuation on May 16, 2023
It is possible to determine the worth of Ginegar on a given historical date. On May 16, 2023 Ginegar was worth 581.0 at the beginning of the trading date compared to the closed value of 510.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ginegar stock. Still, in general, we apply an absolute valuation method to find Ginegar's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ginegar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ginegar's related companies.
| Open | High | Low | Close | Volume | |
| 609.60 | 609.60 | 529.85 | 529.85 | 12,905 | |
05/16/2023 | 581.00 | 581.00 | 510.61 | 510.61 | 16,611 |
| 558.20 | 567.00 | 502.47 | 502.47 | 5,009 |
| Backtest Ginegar | | | Ginegar History | | | Ginegar Valuation | Previous | Next |
Ginegar Trading Date Momentum on May 16, 2023
| On May 17 2023 Ginegar was traded for 502.47 at the closing time. The highest price during the trading period was 567.00 and the lowest recorded bid was listed for 502.47 . The volume for the day was 5 K. This history from May 17, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.59% . The overall trading delta to the current price is 28.83% . |
Ginegar Fundamentals Correlations and Trends
By evaluating Ginegar's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ginegar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ginegar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ginegar Stock history
Ginegar investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ginegar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ginegar will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ginegar stock prices may prove useful in developing a viable investing in Ginegar
Ginegar Plastic Products Ltd. produces and sells advanced films for various agricultural and non-agricultural applications worldwide. Ginegar Plastic Products Ltd. was founded in 1969 and is based in Jezreel Valley, Israel. GINEGAR PLASTIC operates under Rubber Plastics classification in Israel and is traded on Tel Aviv Stock Exchange.
Ginegar Stock Technical Analysis
Ginegar technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Ginegar Period Price Range
Low | May 16, 2023
| High |
581.00 | 510.61 |
Ginegar May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Ginegar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ginegar shares will generate the highest return on investment. By undertsting and applying Ginegar stock market strength indicators, traders can identify Ginegar entry and exit signals to maximize returns
| Accumulation Distribution | 2012.48 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.88 | |||
| Day Median Price | 545.81 | |||
| Day Typical Price | 534.07 | |||
| Market Facilitation Index | 0.0042 | |||
| Price Action Indicator | (70.39) | |||
| Period Momentum Indicator | 538.39 | |||
| Relative Strength Index | 40.0 |
Ginegar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ginegar's price direction in advance. Along with the technical and fundamental analysis of Ginegar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ginegar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0789 | |||
| Jensen Alpha | 0.2915 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.082 | |||
| Treynor Ratio | 1.1 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ginegar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Ginegar Stock analysis
When running Ginegar's price analysis, check to measure Ginegar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ginegar is operating at the current time. Most of Ginegar's value examination focuses on studying past and present price action to predict the probability of Ginegar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ginegar's price. Additionally, you may evaluate how the addition of Ginegar to your portfolios can decrease your overall portfolio volatility.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |